It's possible that you'd either want to grimace or grit your teeth angrily the moment that you hear about a collection company. There are several bad ones out there, for sure, and they actually have the chance to outnumber the good. The ones that you don't want to do business with will stoop so low as to verbally abuse or threaten you. Even with this in mind, you should make certain that not all debt collecting industries are terrible and it's easy to point out the most reliable.
For those of you who are in the market to hire a good collection company, a debt just out of your grasp, you should know the qualities that the honorable organizations have. R.R.S., to name one example, knows all too well of the rules of the trade and each guideline that is set out for them is followed closely. If such an organization is out of line, however, a debtor is well within his or her rights to exact legal action and the collector can be deemed a criminal. The most important rule of thumb for a collector is to be aware of all the rules, especially those punishable by law, and that all parties are treated fairly.
If you want to mistake the best note possible on good companies, the bad ones should be given equal, if not more, thought. For example, my uncle had amassed quite a bit of debt during one point in his life and it drew the attention of a collection company. He was told that he could be arrested the next morning if he failed to pay the amount owed, which was ludicrous. It was not only fear mongering but complete hogwash since no collection company has the authority to arrest anyone.
A friend of mine said that a debt company had come into contact with her recently since she seemed to be long overdue on a credit card payment. It seemed strange since she was the kind of girl who was prompt with her payments, taking care of the bills as soon as they were placed inside of her mailbox. The collector made a false accusation towards her, saying that she owed more than $5,000 on a charge that was made but she took action right away against them. They dropped everything and all that she was left with was a good scare.
These were the kinds of situations that a good collection company such as Rapid Recovery would not allow to happen. These nightmarish occurrences did not deserve the headaches that they garnered from my friends and family, so they shouldn't happen to you. You can easily differentiate between the debt companies that are good, wanting to help people, and those that simply want the money without any regard for the law. It's easy to figure out which companies will offer you the best services but all it takes is a little bit of effort to find them.
For those of you who are in the market to hire a good collection company, a debt just out of your grasp, you should know the qualities that the honorable organizations have. R.R.S., to name one example, knows all too well of the rules of the trade and each guideline that is set out for them is followed closely. If such an organization is out of line, however, a debtor is well within his or her rights to exact legal action and the collector can be deemed a criminal. The most important rule of thumb for a collector is to be aware of all the rules, especially those punishable by law, and that all parties are treated fairly.
If you want to mistake the best note possible on good companies, the bad ones should be given equal, if not more, thought. For example, my uncle had amassed quite a bit of debt during one point in his life and it drew the attention of a collection company. He was told that he could be arrested the next morning if he failed to pay the amount owed, which was ludicrous. It was not only fear mongering but complete hogwash since no collection company has the authority to arrest anyone.
A friend of mine said that a debt company had come into contact with her recently since she seemed to be long overdue on a credit card payment. It seemed strange since she was the kind of girl who was prompt with her payments, taking care of the bills as soon as they were placed inside of her mailbox. The collector made a false accusation towards her, saying that she owed more than $5,000 on a charge that was made but she took action right away against them. They dropped everything and all that she was left with was a good scare.
These were the kinds of situations that a good collection company such as Rapid Recovery would not allow to happen. These nightmarish occurrences did not deserve the headaches that they garnered from my friends and family, so they shouldn't happen to you. You can easily differentiate between the debt companies that are good, wanting to help people, and those that simply want the money without any regard for the law. It's easy to figure out which companies will offer you the best services but all it takes is a little bit of effort to find them.
About the Author:
Rapid Recovery Solution, Inc. is an attorney based debt collection company that can recover your funds for you. Contact RRS now if you're looking for more information!. Unique version for reprint here: Separating a Good Collection Company from the Bad.
0 comments:
Post a Comment